the SP will rise with good results and now with 2 mines the free-cashflow will rise significantly ... and i think there is a overhang of shares from the last CEO who left the company on March31 ... thats all ... WK is the key here long-term
because ssoner or later this project becomes reality ... i own shares in Arafura, Lnas, Peak and others ... made good money on these stocks and made money with Pensana in 2020-2021 .. this developement here now is no catastrophe at all ... and i'am sure the dust will settle fast because financings are on the way
LOL ..makes no sense going out now after waiting several years ... what a dumb decision ... better selling in tranches.. i sold 1/2 of my shares during the hype years ago... and the remaining shares i will hold until this project reaches production-stage... it makes really no sense selling now
only 9 months to go until hot commissioning.....
Looking ahead to the coming 12 months, we are cognisant of the work that lies ahead. Our primary focus will be on delivering Araguaia on-time, on-budget and safely. We are targeting cold commissioning towards the end of 2023 with hot commissioning and subsequent first nickel in 1Q 2024. Alongside this work, we are planning to conduct a feasibility study on the second line at Araguaia, a relatively low capex project that will double production from 14,500 tonnes per annum to 29,000 tonnes per annum. Vermelho workflows will be centred around the Feasibility study and EIA permitting process, both expected to be finalized in 2024.
i smell a banking crisis + a property crisis (bubble bursting ) .... gold will do well
for me this all is dissapointing... after years of waiting they will sell the project for peanuts... i'am sure after fees and management compensation nothing will be left for shareholders... all insiders will be served via the backdoor
LOL ...
and..they already bought equipement for this expansion last year ...
+Shanta Gold CEO says maiden dividend is just the start+
Shanta Gold extends New Luika mine life again as resources in total jump
Shanta Gold now on the cusp of breaking back into the ranks of the 100,000 ounce producers
Shanta Gold a buy after Tanzania mining life extended
Shanta Gold had its "strongest January in three years"
nore free-cashflow near-term means more drilling wich will lead to more ounces ... hopefully someone will buy us out in the next 2-3 years ..... West kenia will grow further
LOL ... still about 20000$ a tonne .. look at the long term-prices ... no need to worry about
this is HZM -board .. please no more non-HZM-related news here ...
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